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Jan 15, 2013
01/13
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FBC
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the shutdown of the government is causing unwanted stress for the u.s. economy, threatening to start another recession, and i would think that by that time both parties would be forced to compromise on the issue. less of for it, historically i don't know of a cigar session that has been blamed or linked to congress. all previous recessions have been blamed on the administration, went on the present. >> that is actually true. less talk about that. 16 trillion, over 16 trillion. how long can we go on like this? >> well, not forever. right now medicare is scheduled to go bankrupt and 2023. social security goes under and 2033. barring it real action. to be perfectly honest, the current and structure of the united states of america it is unsustainable long-term. gerri: go right ahead. >> we could tolerate the situation, but ultimately something has to be done in the more quickly corrective action is taken, though less painful will remedy be. gerri: all right. thank you for coming on. good stuff. not upbeat, but could. thank you. meanwhile, president obama may
the shutdown of the government is causing unwanted stress for the u.s. economy, threatening to start another recession, and i would think that by that time both parties would be forced to compromise on the issue. less of for it, historically i don't know of a cigar session that has been blamed or linked to congress. all previous recessions have been blamed on the administration, went on the present. >> that is actually true. less talk about that. 16 trillion, over 16 trillion. how long...
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Jan 15, 2013
01/13
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CNBC
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the government can do a lot more. that can incentivize the investment and job activities. >> we'll still got an unploichlt rate. >> ru cow it seemed and we had just gone through. what has happened over the first four years is there's been an i'd lock cal impasse, and i think we're beyond that now. >> can i ask you a question? you're a self-made guy. your grandfather was a doorman at a hotel. your dad was a car mechanic. you're a millionaire now. you've scratched and clawed your way up. at what the point do you think help starts to help? >> when i say innocent advice it, i don't think with where we get to a too much help. the government providing incentives for economic stimulation by a lot of small businesses an also deregulated at of lour our small businesses where we can be competitive again. >> good answer. don, thank you very much. don peebles of peebles corporation. still ahead, a company begging to slice and dice. that's the post office. why congress is saying no. >> 11 president $3 trillion. that's how much deb
the government can do a lot more. that can incentivize the investment and job activities. >> we'll still got an unploichlt rate. >> ru cow it seemed and we had just gone through. what has happened over the first four years is there's been an i'd lock cal impasse, and i think we're beyond that now. >> can i ask you a question? you're a self-made guy. your grandfather was a doorman at a hotel. your dad was a car mechanic. you're a millionaire now. you've scratched and clawed...
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Jan 22, 2013
01/13
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FBC
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go after the government workers, somebody else, but not me. it has to be done in a way that allows the american people to see republicans and democrats in it together. that would give it the republicans moral high ground to say we're the ones being responsible. melissa: i love it. thank yo terrific power panel. >> you're welcome. melissa: next on "money," the death toll in algerian hostage situation reportedly rising to 80 people, questions surfaced about how the algerian government handled the disastrous rescue attempt. release when that coming up. plus, forget what you think you know about pawnshops. there is a new player out there catering to rich people. call it pawning for the 2%. do you ever have to much "money"? apparently not. ♪ officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. ♪ melissa: turning now to te deadly hostage crisis in algeria. the death toll is now re
go after the government workers, somebody else, but not me. it has to be done in a way that allows the american people to see republicans and democrats in it together. that would give it the republicans moral high ground to say we're the ones being responsible. melissa: i love it. thank yo terrific power panel. >> you're welcome. melissa: next on "money," the death toll in algerian hostage situation reportedly rising to 80 people, questions surfaced about how the algerian...
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Jan 18, 2013
01/13
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FBC
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then give them to the government. but texas wants to make it easier for teachers to carry what a terrible idea says leland yee from san francisco. from texas, susanna likes the idea of the teachers packing heat. >> because of my background i know what it is like to be in a defenseless situation that is there to execute lawyers can protect themselves, chiropractors can protect themselves, why can't teachers? they are like second-class citizens. john: years ago you restaurant when a dead man came in and killed your mom and dad? >> 23 people. the first real mass shooting in 1991. john: people say tougher gun laws. views say the opposite. and you wrote a book about it. explain your reasoning. >> at that time you could not get a concealed carry permit. they did not exist. i would leave my gun in my car we were having lunch. a mad man drove his truck to the window and began executing people. i cannot tell you what it is like to be a fish in a girl waiting to be your turn. it just prevented us from being able to protect ours
then give them to the government. but texas wants to make it easier for teachers to carry what a terrible idea says leland yee from san francisco. from texas, susanna likes the idea of the teachers packing heat. >> because of my background i know what it is like to be in a defenseless situation that is there to execute lawyers can protect themselves, chiropractors can protect themselves, why can't teachers? they are like second-class citizens. john: years ago you restaurant when a dead...
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Jan 19, 2013
01/13
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FBC
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really ramped up the degree of the government handing out money to green energy. gerri: france, spain, japan, italy, you name it, are cut money when all over theplanet. here's the thing that is really frustrating. permanent and temporary jobs created, just a thousand. the average cost, $1 million if you do the math. none of this makes sense. our taxpayer dollars are being wasted yet again. gerri: and the fact is that the people making money off of this often are the people, the lobbyists to live -- line up the subsidies and make sure that congress creates them and then their clients get them. sometimes the investors in these three energy companies to make lots of money get the subsidies, pocket it, and then bail. the idea of long-term job creation is not necessary for the lobbyists and some of these early investors to make their profit. gerri: here is a look at what the administration says when you attack them on what we're talking about right here. book. the subsidiaries of foreign companies doing business in the u.s. hire american citizens. what's wrong with tha
really ramped up the degree of the government handing out money to green energy. gerri: france, spain, japan, italy, you name it, are cut money when all over theplanet. here's the thing that is really frustrating. permanent and temporary jobs created, just a thousand. the average cost, $1 million if you do the math. none of this makes sense. our taxpayer dollars are being wasted yet again. gerri: and the fact is that the people making money off of this often are the people, the lobbyists to...
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Jan 16, 2013
01/13
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CNBC
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we had horrendous headlines of a total government shutdown. still, it may lead to a downgrade in us debt. we are being told that the debt ceiling wrangling could be even worse for the country than going over the fiscal cliff. how is that for frightening? senator freddy krueger versus representative jason, hush-hush sweet speaker, whatever happened to baby budget? you get the picture so to speak. how about lululemon? this morning a reliable steady growth story. smaller paycheck. the end of the payroll tax holiday has to hurt retail doesn't it? and the facebook disappointment. you have this mystery announcement coming. instead we have an announcement of a tool to search information on big social networks. what a bust. yet the market didn't get hammered. there was no rally, and then we got the nap time and the fresh bull came to play into the bell. what is happening here? there have been different times along the way up where we had this same exact phenomenon like we are seeing here today. one at the beginning of the bull run. another occurred in
we had horrendous headlines of a total government shutdown. still, it may lead to a downgrade in us debt. we are being told that the debt ceiling wrangling could be even worse for the country than going over the fiscal cliff. how is that for frightening? senator freddy krueger versus representative jason, hush-hush sweet speaker, whatever happened to baby budget? you get the picture so to speak. how about lululemon? this morning a reliable steady growth story. smaller paycheck. the end of the...
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Jan 15, 2013
01/13
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CNBC
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those fortunes have been spent to design systems that are loved by governments. and that is terrible. plus we know that the enter price that has been ruled by the crowd. it is funny when the stock was only at 11 i thought what an opportunity. but as it got closer to 13. if you owned it you need to sell it if it goes closer to 14 tomorrow. let's talk about if the stock goes back to 10. at that time remember half of dell's business is global. it isn't including the possibility that we develop a tax regimen in this country. but that has to happen and it doesn't include the notion that you and i haven't thought of. a wealthy player that believes in the vision of being a one stop shop for the smaller business companies. the idea that could be considered reasonable. it will be replaced by a smartphone and a tablet that is certainly possible. if you think it is the latter than $11 well, i got to tell you, you should be in dell. this stock isn't going back to $8 and change. but you better wait until it cools down before you buy. as we know, no man's land is a very, very
those fortunes have been spent to design systems that are loved by governments. and that is terrible. plus we know that the enter price that has been ruled by the crowd. it is funny when the stock was only at 11 i thought what an opportunity. but as it got closer to 13. if you owned it you need to sell it if it goes closer to 14 tomorrow. let's talk about if the stock goes back to 10. at that time remember half of dell's business is global. it isn't including the possibility that we develop a...
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Jan 23, 2013
01/13
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KICU
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additionally, it claims that employees used government-issued travel cards for personal travel. the postal service has agreed to the watchdog's recommendations. feeling pressure after the newtown shootings, groupon is halting all gun-related deals. the daily deals company says it is responding to customer pressure and has canceled all planned any existing discounts for shooting range and clay shooting outings. the curtain is closing on 300 blockbuster stores across the country. according to a report, dish network is shutting down stores that are underperforming or near the end of a lease. dish bought the video rental chain in 2011, when it was bankrupt. the move is costing 3,000 employees their jobs. last year, the colorado economic development commission granted dish $2.5 million in job growth tax credits. famous for not charging fees, southwest airlines introduces a new one. passengers who can't stand the cattle call boarding process can now opt out by paying $40 to board early. southwest does not have assigned seating, and already offers passengers early check-in for $10, but
additionally, it claims that employees used government-issued travel cards for personal travel. the postal service has agreed to the watchdog's recommendations. feeling pressure after the newtown shootings, groupon is halting all gun-related deals. the daily deals company says it is responding to customer pressure and has canceled all planned any existing discounts for shooting range and clay shooting outings. the curtain is closing on 300 blockbuster stores across the country. according to a...
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Jan 15, 2013
01/13
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FBC
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neil: single payer government running everything. >> exactly. >> certain times you need that bargain-basement plan when you were young and healthy. this is a good thing we say it is a bad thing but fit your needs and the private sector could do a better job i don't understand the massive trust of the government. they have proven they cannot. >> i think they will get somewhere i only hope they get further than they probably will. neil: we will have the u.s. ceo from wal-mart here. his company is in the news trying to build a store in newark new jersey. what does wal-mart do now why is the company talki rise two tenths of a percent. melissa up next. david: we will see you back here tomorrow. melissa: i am melissa francis and here's what is "money" tonight. premium spiking 50% for some people. on average, that is. so how quickly will it hit your wallet and the economy? plus, union intimidation hits new heights. a city manager tried to cut pension benefits so they bought the house next door to him to harass him. these tactics are more widespread than you think. the mayor will tell us how he was t
neil: single payer government running everything. >> exactly. >> certain times you need that bargain-basement plan when you were young and healthy. this is a good thing we say it is a bad thing but fit your needs and the private sector could do a better job i don't understand the massive trust of the government. they have proven they cannot. >> i think they will get somewhere i only hope they get further than they probably will. neil: we will have the u.s. ceo from wal-mart...
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Jan 22, 2013
01/13
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FBC
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this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth alliance has members like the world bank, deutsche bank, any number, ge can hsbc as members. these big companies who went to up the bus in their expensive airlines to my drinking champagne, and they're telling us what to do with our taxpayer dollars. it just makes me angry, and i think what is the fairness and that? >> there is no fairness. and it is something, the occupy wall street and the partnership agreement among corporate welfare. these huge companies are really pigs at the trough when it comes to a taxpayer money, and does not matter how big or small the company. there is money to be had these companies going to go after it. we side with the cap in trade, jus
this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth alliance has members like the world bank, deutsche bank, any number,...
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Jan 17, 2013
01/13
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FBC
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once you inform the government is wrongheaded. we already know what to do was dangerous patients with the resources in the mental health care system don't exist. gerri: dr. apple of thank you for coming on. come back soon. the elite media is treating the president on the job done over the past four years doing what he set out to do. how well the carryall banking reform? health care reform did he squeeze enough money out of the rich? they are grading the president if he carried out the to do list grading him on his own terms. that does not matter. i think is what have you done for the american people mr. president? like janet jackson song. obama said he wanted to be a chance for regional president unfortunately the changes i have seen for us is not so good. the country we assumed the paycheck gets bigger overtime is the opposite. median household income is lower. 51,190 now it is 50,054. strangely it declined more after the recession than during. a fluke that feels like a normal. the numbers of americans working are down and unempl
once you inform the government is wrongheaded. we already know what to do was dangerous patients with the resources in the mental health care system don't exist. gerri: dr. apple of thank you for coming on. come back soon. the elite media is treating the president on the job done over the past four years doing what he set out to do. how well the carryall banking reform? health care reform did he squeeze enough money out of the rich? they are grading the president if he carried out the to do...
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Jan 20, 2013
01/13
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FOXNEWS
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in this present crisis government is not the solution to our problem, government is the problem. >> steve: very famous as well. >> it is. that line was so telling because there's such a departure from the carter years and even ford and nixon before it. it was the culmination of really, 20 years of conservative philosophy starting with barry goldwater and set the tone for the reagan presidency, it wasn't about government, it was about people and about winning the cold war. >> steve: sure, and the speech that the president of the united states is going to give tomorrow. we understand he's been walking around with a yellow legal pad and making notes and only thing i've heard per se, i want to hear what you heard, it's going to be shorter than the last one. what do you hear about the president is going to intend to say tomorrow. >> yeah, it's short letter. most second inaugural speeches are shorter. lincoln's second was short and washington's, i think it's shorter, more concise and the president, if he wants to create a memorable inaugural needs one or two things. it's not a state of the unio
in this present crisis government is not the solution to our problem, government is the problem. >> steve: very famous as well. >> it is. that line was so telling because there's such a departure from the carter years and even ford and nixon before it. it was the culmination of really, 20 years of conservative philosophy starting with barry goldwater and set the tone for the reagan presidency, it wasn't about government, it was about people and about winning the cold war. >>...
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Jan 23, 2013
01/13
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FBC
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the middle eastern government. aware the emirate's nation. [indiscernible] gerri: how does he not know? how does he not now? >> and earlier in the interview he said, i was a writer, director, but i also have my producer's hat on. i went all the meetings. look, everyone has great ideas in hollywood. the big steel is getting the money. of course knew where was from. it's -- and it's a big story. i think that's another reason why promise land failed. people didn't like where the money came from. it did not like the way matt damon handle that. c'mon. man up. admit. i'm saying to the ag, the man. gerri: you get the award for balls in a standing up in a room like that and asking him the hard question. it's great to have you on the show. thank you for coming on. come back sometime sen. >> great. it's a pleasure. gerri: watch it. it's awesome. thank you so much. all right. now we want to know what you think. here's our question. is president obama's green agenda hurting our energy development? log on to gerriwillis.com and on the right hand side of t
the middle eastern government. aware the emirate's nation. [indiscernible] gerri: how does he not know? how does he not now? >> and earlier in the interview he said, i was a writer, director, but i also have my producer's hat on. i went all the meetings. look, everyone has great ideas in hollywood. the big steel is getting the money. of course knew where was from. it's -- and it's a big story. i think that's another reason why promise land failed. people didn't like where the money came...
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Jan 23, 2013
01/13
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FBC
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they know you have to curtail growth to get a handle on government. democrats know slowing the growth of medicare is not throwing gramm off the cliff republicans know cutting the defense budget cutting the afghanistan and iraq war is not trying taxpayers to the taliban. they know this but will not say it.
they know you have to curtail growth to get a handle on government. democrats know slowing the growth of medicare is not throwing gramm off the cliff republicans know cutting the defense budget cutting the afghanistan and iraq war is not trying taxpayers to the taliban. they know this but will not say it.
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Jan 16, 2013
01/13
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KICU
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are governed and directed. also, the relationship among boards, management and shareholders. and, in this new year of 2013, there's a lot going on in terms of corporate governance, regarding laws & trends. let's talk with becky yerak. she is a business reporter for the chicago tribune. one thing i thought that was really interesting is that now we have a comparison between what ceos make and the average employee, and that can be rather an eye-popping difference. > > exactly. if you thought that class warfare was bad during the election and during this tax battle, it could get even worse, because under a 2010 law, dodd-frank, public companies are supposed to disclose the relationship between what their ceo makes - that's already public information - but they are supposed to compare it and give a ratio with what their median employee, kind of the typical employee, makes. so this is something that people can compare from company to company just to see how much more - "wow, the ceo makes 300 times more than the typ
are governed and directed. also, the relationship among boards, management and shareholders. and, in this new year of 2013, there's a lot going on in terms of corporate governance, regarding laws & trends. let's talk with becky yerak. she is a business reporter for the chicago tribune. one thing i thought that was really interesting is that now we have a comparison between what ceos make and the average employee, and that can be rather an eye-popping difference. > > exactly. if you...
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Jan 16, 2013
01/13
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FBC
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he seemed annoyed at the fact that he had to deal with a coequal branch of government. a group of pesky individuals elected by the people. >> yes, that's right. we have the audacity to insist that we follow the law and that we continue to make the law and yes, we have our work cut out for us. >> i was noticing that since 1990, we have raised the debt ceiling 18 times. back in 1990 come the first time we raised it, the debt ceiling was $3.12 trillion. the debt ceiling is raised, the spending gets raised. and it never comes back down. >> that's right, it goes up and it never comes back down. in the past, sometimes we have insisted on cuts along the way. now we're finding ourselves in a position where we have $16.5 trillion of debt and cuts are not going to cut it anymore. it has to be more than cuts. it needs to be permanent structural spending reform. that's what we need. >> what john boehner headset is dollar for dollar. spending cuts with debt ceiling heights. what should they cut? give me a list. you might we talk about it from the standpoint of cuts, don't think cuts
he seemed annoyed at the fact that he had to deal with a coequal branch of government. a group of pesky individuals elected by the people. >> yes, that's right. we have the audacity to insist that we follow the law and that we continue to make the law and yes, we have our work cut out for us. >> i was noticing that since 1990, we have raised the debt ceiling 18 times. back in 1990 come the first time we raised it, the debt ceiling was $3.12 trillion. the debt ceiling is raised, the...
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Jan 15, 2013
01/13
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FBC
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government obviously doesn't care. melissa: she say something pro-regulation? >> i am pro-smart regulation. melissa: like an oxymoron. angeles was under clouds of smog. you have to clean it up somehow, and sometimes you do need smart regulation to force companies to at least abide by certain restrictions. >> tebow needs more regulations, you need ten words, giants fans. falling to disappear by a day or two when wind comes and blows it all away. as for l.a., 40 years assess the passage of the clean air act, and it is still not fully compliant. i was stunned to read that. furthermore, the u.s., vice-president gore going after the u.s. for being a big polluter. janet, over nine and a half kilotons' every year, almost twice as much. why are really even more worried? melissa: i am so glad you are back. were you saving all of that up, just storing up all of that energy? absolutely. although, i have to say, he looked a lot better. -- l.a. looks a lot better. this mod just hung there. you can see it on your skin. moving on to sweden, the important story, a cleaning lad
government obviously doesn't care. melissa: she say something pro-regulation? >> i am pro-smart regulation. melissa: like an oxymoron. angeles was under clouds of smog. you have to clean it up somehow, and sometimes you do need smart regulation to force companies to at least abide by certain restrictions. >> tebow needs more regulations, you need ten words, giants fans. falling to disappear by a day or two when wind comes and blows it all away. as for l.a., 40 years assess the...
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Jan 19, 2013
01/13
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CNNW
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more government interventioner more stimulus in the market. so you still have this totally polarized conversation happening in washington. >> ron and ian, great to see you guys. christine, stay right where you are. need you for another conversation on infrastructure. >>> have you ever looked at your bill and said, i'm short on cash, i'm not paying them all this month? that's what the lawmakers think she should do with their bills. i ask a member of the finance committee if he thinks that's a good idea. s a fantastic experie. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeÑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food diff
more government interventioner more stimulus in the market. so you still have this totally polarized conversation happening in washington. >> ron and ian, great to see you guys. christine, stay right where you are. need you for another conversation on infrastructure. >>> have you ever looked at your bill and said, i'm short on cash, i'm not paying them all this month? that's what the lawmakers think she should do with their bills. i ask a member of the finance committee if he...
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Jan 16, 2013
01/13
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FBC
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call this free government program for the option that's right for you. melissa: may not have heard of molly before there week but want to hear some of this. some of your tax dollars could be sent to the african nation soon. forces with connection to al qaeda control more than half of the war-torn country. an estimated 30,000 civilians have fled since the fighting began last week. the french military is deploying 750 troops and engaging in airstrikes. u.s. is providing logistical support. could be a matter of time before we take a bigger role. let's talk to a kick can i global support and fox news contributor. to a lot of people this conflict is a surprise. they don't know necessarily where this is. they're surprised france is getting involved. this is a nation with a lot of ties to france. >> absolutely. so a lot of people are seeing french involvement as neo colonialism. france is extending its hand and getting involved in mali. melissa: used to be a french territory but now it is not. >> french territory. mali has natural resources. a lot of france is
call this free government program for the option that's right for you. melissa: may not have heard of molly before there week but want to hear some of this. some of your tax dollars could be sent to the african nation soon. forces with connection to al qaeda control more than half of the war-torn country. an estimated 30,000 civilians have fled since the fighting began last week. the french military is deploying 750 troops and engaging in airstrikes. u.s. is providing logistical support. could...
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Jan 17, 2013
01/13
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CNBC
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the body language mandy is government officials around the world with a hostage situation in algeria with seven americans could turn out very badly. sometimes last night or early this morning, they tried to take control of the national gas plant in a month. there is zero clarity or detail on what has happened since that military operation began. there are reports in the country of casualties but those are unconfirmed. just ten minutes ago, david cameron told reporters that we should be prepared for potentially a bad outcome. >> a number of british citizens taken hostage, we know one who very sadly died. and we know this is a very difficult situation as algerian forces attacked and it is a fluid situation that is ongoing. it is very uncertain. so i don't want to say any more than that now. i think we should be prepared for the possibility of further bad news, very difficult news in this extremely difficult situation. >> cameron now postponing what was supposed to be a huge and potentially controversial speech he will make tomorrow about the membership of the european union. french pre
the body language mandy is government officials around the world with a hostage situation in algeria with seven americans could turn out very badly. sometimes last night or early this morning, they tried to take control of the national gas plant in a month. there is zero clarity or detail on what has happened since that military operation began. there are reports in the country of casualties but those are unconfirmed. just ten minutes ago, david cameron told reporters that we should be prepared...
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Jan 17, 2013
01/13
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FBC
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> we actually last fall got turned down for funding twice because they said working for the federal government was too unstable. >> reporter: some companies can survive by marketing their services to a wide range of civilian needs the k2 trains these dogs to find virtually any type of object, in virtually any type of environment. >> k2 solutions is growing? >> reporter: contractors with more military specific roles are bracing for worst case scenarios. >> wondering how are they going to survive and how they are going to be impacted. some are taking measures to lay people off. >> reporter: her industry group estimates 34,000 jobs are at stake. that is just in north carolina. this is really something that is already starting to affect defense contractors of all sizes. back to you. david: jonathan serrie, thank you very much. liz: looking for some extra money? who isn't? yeah, who isn't? hey, we're taking you on a snake hunt. are you brave enough for this one just for the green? we have details next.
> we actually last fall got turned down for funding twice because they said working for the federal government was too unstable. >> reporter: some companies can survive by marketing their services to a wide range of civilian needs the k2 trains these dogs to find virtually any type of object, in virtually any type of environment. >> k2 solutions is growing? >> reporter: contractors with more military specific roles are bracing for worst case scenarios. >> wondering...
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53
Jan 23, 2013
01/13
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FBC
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eye 53
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they could shut down the government. it has been done before. >> it is more than shuttings down the government if they don't raise the debt ceiling there are so many people expecting payments veterans, soldiers, the --. melissa: but they get to decide who they pay and they don't. they could decide to pay those people and -- >> a lot harder, very, very hard to decide who they pay and who they don't. logistics are total nightmare. there are billions upon billions of computerized payments. if you want to code it and figure out how you get money to certain people and not others that sound like a catastrophe. it could happen when they even threatened not to raise the debt ceiling around our credit was downgraded and the markets really tumbled. you don't want to i can take the chance. no way the republicans would take that chance. melissa: maybe you don't. a nit is very risk-averse person? >> in poker a 19 is someone that folds every hand. they wait for the perfect chance to get money in. problem is nits never win tournaments.
they could shut down the government. it has been done before. >> it is more than shuttings down the government if they don't raise the debt ceiling there are so many people expecting payments veterans, soldiers, the --. melissa: but they get to decide who they pay and they don't. they could decide to pay those people and -- >> a lot harder, very, very hard to decide who they pay and who they don't. logistics are total nightmare. there are billions upon billions of computerized...
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Jan 20, 2013
01/13
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KGO
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and other governments asked them to hold off out of concern for the safety of hostages. >> we don't negotiate. we don't mess around. >> the official algerian news agency said they began to execute the remaining hostages as the algerian army moved in. now the focus will shift to the mastermind of this attack, mokhtar, david, he's made himself one of the most wanted man in the world. >>> and also this evening, we're hearing more of the portrait of the terror inside from those who managed to flee. those workers who had to walk passed the dead. many have been flown to italy, at the island of sicily. where abc's nick schifrin is tonight. nick? >> reporter: david, good evening. u.s. officials tell us about a dozen survivors are recuperating at the u.s. naval base here in sicily. they are just beginning to come to term with the trauma they suffered. they are all shell shocked and barely made it out alive. >> i don't remember, it happened so fast. >> reporter: survivors describe scenes of fear and brutality. for more than 80 hours they did anything to stay alive. many were beaten and witnessed execut
and other governments asked them to hold off out of concern for the safety of hostages. >> we don't negotiate. we don't mess around. >> the official algerian news agency said they began to execute the remaining hostages as the algerian army moved in. now the focus will shift to the mastermind of this attack, mokhtar, david, he's made himself one of the most wanted man in the world. >>> and also this evening, we're hearing more of the portrait of the terror inside from those...
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Jan 15, 2013
01/13
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KQED
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and they are viewed, especially government funds, and the retail investor i think is in a situation where there are lot oss of small accounts. continued it would take a huge number of accounts to really cause a problem without the fund. >> tom: a multitrillion dollar market, bob pozen with us from harvard business school. thanks, bob. >> thanks for having me. >> susie: some big wins for general motors on the first day of the north american international auto show in detroit. gm's cadillac ats took home "car of the year" honors at the show's kick-off event. the award is the latest in a string of accolades for the ats. cadillac's luxury compact sports sedan is the lightest car in its class. g.m. also unveiled its latest edition of the chevy corvette. the seventh generation model brings back the stingray nameplate, which baby-boomers will remember last from the 1970s. g.m. hopes the sleeker model will get corvette lovers to upgrade, while also attracting younger buyers. >> we also want to expand the owner base maybe to a younger audience those in their early 40's if you say who are looking t
and they are viewed, especially government funds, and the retail investor i think is in a situation where there are lot oss of small accounts. continued it would take a huge number of accounts to really cause a problem without the fund. >> tom: a multitrillion dollar market, bob pozen with us from harvard business school. thanks, bob. >> thanks for having me. >> susie: some big wins for general motors on the first day of the north american international auto show in detroit....
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Jan 23, 2013
01/13
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CNBC
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ed, we have certainly got a lot of data points indicating there is strength in china, whether from government numbers or independent numbers. >> yep. >> are you a buyer of that? are you seeing that play on the commodities market? >> well, we have to remember, even at 7.8% or 7.9% growth, it's not 10 or 11% growth. so it's a sign that chinese growth has not slipped but the new norm for china is significantly lower than the old norm. and that means lower demand for commodities as well. >> right. and also, the thing you have to keep in mind in terms of the commodities trade is whether or not china is actually taking inventories of certain kinds of commodities, just because they're growing, just because they're building out subways and power lines doesn't necessarily mean the trade is always higher for all commodities across the board. >> absolutely. and we've seen this in oil, where imports have gone up, refinery has put us up, but don't know what is happening with the product and it does appear that final demand at the consumer level is not growing fast. and that may mean the chinese refiners t
ed, we have certainly got a lot of data points indicating there is strength in china, whether from government numbers or independent numbers. >> yep. >> are you a buyer of that? are you seeing that play on the commodities market? >> well, we have to remember, even at 7.8% or 7.9% growth, it's not 10 or 11% growth. so it's a sign that chinese growth has not slipped but the new norm for china is significantly lower than the old norm. and that means lower demand for commodities...
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Jan 16, 2013
01/13
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CNBC
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is that the public really appreciates when government agencies, particularly when corporations, put their safety first. and public responded well when corporations have done that. so if there is an issue that's not resolved, it is one of the things the company ought to consider. >> you think boeing should cut it down for now? boeing should do it. customers, don't fly right now? >> they should consider it. yes, there is a whole lost financial issues they have to consider. but if there are problems with the plane and there's investigations going on, it certainly is something they should be talking about now. >> maybe phil another time we can get into the financials of what it would cost to ground the plane. we have to wrap it up there. in the long run, hopefully it leads it a safer plane. >> on deck, much more on the developing story in algeria. cia calling it a terrorist attack. well give give you latest as we learn it, coming up. >> jamie dimon says housing is back. but have you tried to refie yet? next, why the process is beyond frustrating. ♪ ♪ [ male announcer ] some day, your life
is that the public really appreciates when government agencies, particularly when corporations, put their safety first. and public responded well when corporations have done that. so if there is an issue that's not resolved, it is one of the things the company ought to consider. >> you think boeing should cut it down for now? boeing should do it. customers, don't fly right now? >> they should consider it. yes, there is a whole lost financial issues they have to consider. but if...
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Jan 21, 2013
01/13
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FBC
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our government has been engaged in talks with the taliban and afghanistan since early 2009. the same group that has been a safe haven in the immediate aftermath of september 11th. documents found in the abbottabad compound the lion was killed proving a close working relationship between the two. the same group that is also responsible for a large portion of the 2200 american soldiers killed in afghanistan since 2001. not to mention the palestinian liberation organization the designation changed after we helped negotiate the deal. meanwhile, secretary of state hillary clinton chose her words carefully, while suggesting that the algerian government could use a hand in the battle in that region. >> it is absolutely essential that we broaden and deepen our counter-terrorism cooperation going forward with algeria and all countries of the region. i make clear to the prime minister that we stand ready to further enhance the counter-terrorism support that we already provide. lou: the situation on the ground in algeria is changing by seemingly the moment. we have it covered here. we
our government has been engaged in talks with the taliban and afghanistan since early 2009. the same group that has been a safe haven in the immediate aftermath of september 11th. documents found in the abbottabad compound the lion was killed proving a close working relationship between the two. the same group that is also responsible for a large portion of the 2200 american soldiers killed in afghanistan since 2001. not to mention the palestinian liberation organization the designation changed...
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Jan 15, 2013
01/13
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FBC
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liz: you have one side of the government saying stop weakening the yen, and all the sudden the yen strengthened, the dollar plummeted. is there an opportunity you see? >> i think that is a pretty worn out trade. we're hearing a lot. liz: let's just say the dollar is weaker. the multinational base in the u.s. with products becoming more attractive as the dollar is weaker. >> that is one way to play it, but a lot of the companies are already out from a valuation standpoint. there is risk with high expectations. i think some of those companies are not. if you're going to play that, i would do that with technology company that has a leading-edge, 4.5% dividend, this way you get good valuation, don't have high expectations and you get a good income component while you're waiting. david: mark, let me go to yours and start with a foreign company. one that most people look at, why do you like it? >> happens to have it in france. it is very reasonable when compared to the u.s. and other uk-based peers. in addition to that, we are constructed on the energy base in general because we think on the back of
liz: you have one side of the government saying stop weakening the yen, and all the sudden the yen strengthened, the dollar plummeted. is there an opportunity you see? >> i think that is a pretty worn out trade. we're hearing a lot. liz: let's just say the dollar is weaker. the multinational base in the u.s. with products becoming more attractive as the dollar is weaker. >> that is one way to play it, but a lot of the companies are already out from a valuation standpoint. there is...
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Jan 15, 2013
01/13
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KICU
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among the highlights, the fed chair says, the federal government is not out of ammunition, the fed's bond-buying program is not likely to lead to higher inflation, and the fed sees positive signs in the economy. bernanke made the comments during an appearance at the university of michigan. nike is making a gear shift. just ahead of oprah's much- anticipated interview with cyclist lance armstong, the athletic company is signing rory mciiroy, the number one golfer in the world, to a multi- year nike sponsorship. reports say the agreement with the golf star from northern ireland is worth up to $250 million over the 10 years. nike dropped armstrong last year on revelations of an alleged doping scandal. pharmaceutical giant glaxo smith kline announces it has made a regulatory submission to the food and drug administration for a new drug. called albiglutide, it is a possible once-weekly treatment for adult patients with type-two diabetes. the new drug is an injectable and not yet approved as a treatment for the disease. settlements are soaring at the sec. u.s. securities regulators reached
among the highlights, the fed chair says, the federal government is not out of ammunition, the fed's bond-buying program is not likely to lead to higher inflation, and the fed sees positive signs in the economy. bernanke made the comments during an appearance at the university of michigan. nike is making a gear shift. just ahead of oprah's much- anticipated interview with cyclist lance armstong, the athletic company is signing rory mciiroy, the number one golfer in the world, to a multi- year...
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Jan 23, 2013
01/13
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MSNBCW
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if you have been wondering whether this big change in our government was going to be allowed to stand or whether it might be fixed by filibuster reform on day one of the senate, the news today is that it is apparently still day one of the new senate. it has been weeks now, democrats could still do it, but they have not yet. tick tock now it is time for o fixed by filibuster reform on day one of the senate, the news today is that it's still day one of the new senate. it's been weeks now. democrats could still do it, but they have not yet. tick tock. "first look" is up next. >>> good wednesday morning. right now on "first look," baby it's cold outside. from the single digits and below to snow and dangerous roads. details in seconds. >>> secretary of state hillary clinton's health is back in order as she prepares for tough questioning. >>> and serena williams loses the match and her cool. another school shooting, this one in texas. and wait until you hear what senator john mccain said about waterboarding and john kerry. good morning, i'm mara schiavocampo. a bitterly cold arctic blast is
if you have been wondering whether this big change in our government was going to be allowed to stand or whether it might be fixed by filibuster reform on day one of the senate, the news today is that it is apparently still day one of the new senate. it has been weeks now, democrats could still do it, but they have not yet. tick tock now it is time for o fixed by filibuster reform on day one of the senate, the news today is that it's still day one of the new senate. it's been weeks now....
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Jan 23, 2013
01/13
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KTVU
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. >> reporter: signburg is urging the federal government to devote $10 million to help states accomplish additional mental state programs. >>> debby shultz is staying at her postas the head of the national economy. congressmen reelected her today. the congresswoman gardenerred support from her party and president obama who last month said he wanted her to stay on. she was appointed to the postin 2011. >>> a new survey finds more americans are now open to allowing citizenship for some illegal immigrants. the associated press gfk poll found 52% of americans favor allowing a path way to citizenship for immigrants who are already in the country. in 2010 just 50% of people polled ed felt that way. 22% more republicans now back the path to citizenship compared to how many did back in 2010. >>> americas cup organizers are announcing a summer concert series that is soon to be built waterfront amphitheater. it'll be a temporary facility called the america's cup pavilion and will be on piers 27 and 29. the first headline act to be announced is sting set to perform on june 2nd. plans call for a wid
. >> reporter: signburg is urging the federal government to devote $10 million to help states accomplish additional mental state programs. >>> debby shultz is staying at her postas the head of the national economy. congressmen reelected her today. the congresswoman gardenerred support from her party and president obama who last month said he wanted her to stay on. she was appointed to the postin 2011. >>> a new survey finds more americans are now open to allowing...
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Jan 16, 2013
01/13
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KRCB
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energy analyst kevin book expects governments will increasingly be forced to spend moy toitigate or adapt to clmatehange. >> with every storm, with every flood, we're getting closer and closer to talking about how he handle climate change rather than how we stop it. >> reporter: pressure to address climate change may also come from outside the united states. the european union is threatening to slap trade the u.s. refuses to buy credits to offset greenhouse gas emissions from transatlantic flights. even china may help force the u.s. to act. beijing is under pressure to clear the air as pollution makes it harder and harder to breath. >> coal pollution, including greenhouse gas emissions, is something they have got to get down in their country if they're going to live there. as the largest emitter, the bogey man to which all western nation's point, begins to clean up its game, it's going to make it harder to say no. >> reporter: and progressives are hoping the president will bypass congress and use his regulatory authority under the clean air act to fight climate change in his second term.
energy analyst kevin book expects governments will increasingly be forced to spend moy toitigate or adapt to clmatehange. >> with every storm, with every flood, we're getting closer and closer to talking about how he handle climate change rather than how we stop it. >> reporter: pressure to address climate change may also come from outside the united states. the european union is threatening to slap trade the u.s. refuses to buy credits to offset greenhouse gas emissions from...
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Jan 23, 2013
01/13
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KGO
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government warned them today it's going to be hard to get lawmakers to approve those raises in this era of belt tightening. >> the question may be putting a damper on a program that let's solo drivers use the carpool lanes for plug in owners until 2015. so far, just 9,000 stickers have been issued. that is in contrast to the yellow sticker program that sold out of its 85,000 stickers. state senator lee wants to encourage drivers to give them more years in that carpool lane. >> more expensive and can use these vehicles on an hov lane kind of helps settle anxiety a little bit more. >> advocates predict sales of the plug in cars will pick up as the economy picks up. 1400 of the cars sold in november alone. >> there is more still to come here tonight. just ahead an 11-year-old boy had to have a receivered finger reattached and paper work snafu the insurance company is blaming for refusal to pay. >> tonight the anniversary of roe versus wade. after 40 years decisions remain. >> and new details on beyonce's rendition of the "star spangled banner". wait was it ñ >>> police in texas have deta
government warned them today it's going to be hard to get lawmakers to approve those raises in this era of belt tightening. >> the question may be putting a damper on a program that let's solo drivers use the carpool lanes for plug in owners until 2015. so far, just 9,000 stickers have been issued. that is in contrast to the yellow sticker program that sold out of its 85,000 stickers. state senator lee wants to encourage drivers to give them more years in that carpool lane. >> more...
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Jan 16, 2013
01/13
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KRCB
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ergy analyst kevibook expects governments will increasingly be forced to spend money to mitigate or adapt to climate change. >> with every storm, with every flood, we're getting closer and closer to talking about how he handle climate change rather than how we stop it. >> reporter: pressure to address climate change may also come from outside the united states. the european union is threatening to slap trade the u.s. refuses to buy credits to offset greenhouse gas emissions from transatlantic flights. even china may help force the u.s. to act. beijing is under pressure to clear the air as pollution makes it harder and harder to breath. >> coal pollution, including greenhouse gas emissions, is something they have got to get down in their country if they're going to live there. as the largest emitter, the bogey man to which all western nation's point, begins to clean up its game, it's going to make it harder to say no. >> reporter: and progressives are hoping the president will bypass congress and use his regulatory authority under the clean air act to fight climate change in his second ter
ergy analyst kevibook expects governments will increasingly be forced to spend money to mitigate or adapt to climate change. >> with every storm, with every flood, we're getting closer and closer to talking about how he handle climate change rather than how we stop it. >> reporter: pressure to address climate change may also come from outside the united states. the european union is threatening to slap trade the u.s. refuses to buy credits to offset greenhouse gas emissions from...
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Jan 17, 2013
01/13
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MSNBC
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we have to make sure that we are armed so we're going to overthrow the government. but that makes me say maybe we should do something about your guns. >> let me ask you this, david. when you look at this, david barton, was on glen beck telling us a story that supposedly happened in the 1850s about armed school kids. watch this. >> he comes into school with this gun to shoot the teacher. he decides not to shoot the teacher because all the kids pulled out their guns and said you kill the teacher, you die. there was no shooting because all the kids -- and we're talking elementary school. all the kids pulled their guns out and said we like our teacher. >> all the kids pulled their gun out in school. this is how fringe they've become. it's crazy. they're in a frenzy to sit up on television and talk like this is absolutely unthinkable. >> i'd like to see any evidence of that event happening other than in some "b" western movie like ronald reagan used to confuse movies with reality. whatever happened to the right wing, conservative notion of law and order? here you have th
we have to make sure that we are armed so we're going to overthrow the government. but that makes me say maybe we should do something about your guns. >> let me ask you this, david. when you look at this, david barton, was on glen beck telling us a story that supposedly happened in the 1850s about armed school kids. watch this. >> he comes into school with this gun to shoot the teacher. he decides not to shoot the teacher because all the kids pulled out their guns and said you kill...
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Jan 22, 2013
01/13
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FBC
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battle lines continue to be drawn between those who want big government and those who want big government budget cuts. we'll take you to the front line. that is the capitol. we have the latest as the house prepares for a vote on the debt ceiling. ♪ david: congress heading back to work today following the president's inauguration speech yesterday which a lot of the members of the republican party saw as a poke in the eye to them. >> the first order of business for congress, the looming debt ceiling. rich edson live on capitol hill. hi, rich. >> hey, lauren, we'll get that vote tomorrow in the house to extend the debt ceiling to the middle of may. when it comes to a longer term debt solution, longer-term debt ceiling solution and when it comes to taxes and spending the parties are far apart as they always been a day of a the president's inauguration and one which both parties have a very different take on the president's address. >> people can criticize president obama about a lot of things but not his ability to communicate and i think he communicated to the american people a message of
battle lines continue to be drawn between those who want big government and those who want big government budget cuts. we'll take you to the front line. that is the capitol. we have the latest as the house prepares for a vote on the debt ceiling. ♪ david: congress heading back to work today following the president's inauguration speech yesterday which a lot of the members of the republican party saw as a poke in the eye to them. >> the first order of business for congress, the looming...
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Jan 15, 2013
01/13
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CNBC
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country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do with the declines we're seeing. telco was a place to hide back in 2012. at&t and verizon saw slow downs. no let up in the subsidies to apple and samsung, we love these companies because they had no europe last year, no china, no mexico. now we wish they had all three and there was business formation. let's focus on the other half of the equation. it's a little more robust, where the money is going. last night china had one more remarkable session. holy cow, courtesy of new attitude. the gold double digit growth is taking up the fxi. follow along, but it is taking up the ancillary chinese plays, like coach. did you see that today? rallying more than $2. we are seeing steady gains in cummins. totalling chinese demand, truck demand. this one won't stop climbing. i say watch starbucks which is a gigantic expansion
country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do with the declines we're seeing. telco was a place to hide back in 2012. at&t and verizon saw slow downs. no let up in the subsidies to apple and samsung, we love these companies because they had no...
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Jan 15, 2013
01/13
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KTVU
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if congress doesn't improve an increase the government will run out of money to pay bills. president obama blasted republicans who said they won't raise it without dollar for dollar cuts to the budget. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> the problem is congress has already spent the money. what it would mean for the nation to not make payments. >> social security checks and veteran's benefits will be delayed. we might not be able to pay our troops. >> reporter: in response republicans pointed out president obama voted against increasing the debt limit as a senator. speaker of the house john boehner's office said debt is endangering's children future. theconsequences are real he said. >> the debate had a numbing effect on wall street today. the dow is up 18 to 13,507. the nasdaq is down 8 at 3,117. the s&p is down 1 at 1,470. >>> all of that in washington is being watched closely in sacramento because failure to address the debt ceiling could take the budget surplus and wipe it out. ktvu's ken pritchett is in the capit
if congress doesn't improve an increase the government will run out of money to pay bills. president obama blasted republicans who said they won't raise it without dollar for dollar cuts to the budget. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> the problem is congress has already spent the money. what it would mean for the nation to not make payments. >> social security checks and veteran's benefits will be delayed. we might...
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Jan 15, 2013
01/13
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KGO
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that is the one the government is relying on. national insurance crime national insurance crime bureau also haséf2 these. go to those web sites. before you buy the cars, check them out on both of those. >> up next, a bay area woman's personal story of sex trafficking. she says her parents had sold her into slavery. >> coming up, death threats lawmaker from introducing a bill today that could close a dangerous loophole. >> and an ad campaign using an image of a naked family. we'll have to take a look at the metsage that they're trying to get across. those stories and r and more those stories and r and more comiinsoe en 5:0t atint ilyel y s luloonge iuronirplin ocdiou r om >>> january is human trafficking awareness month. a young woman from the bay area told a horrifying story. she says her own parents sold her for search starting when she was 10 years old. abc 7 news joins us from the newsroom with more. heather? >> this exrecordry young woman cut ties with her parents. úl the last check for her education. she is now a graduate
that is the one the government is relying on. national insurance crime national insurance crime bureau also haséf2 these. go to those web sites. before you buy the cars, check them out on both of those. >> up next, a bay area woman's personal story of sex trafficking. she says her parents had sold her into slavery. >> coming up, death threats lawmaker from introducing a bill today that could close a dangerous loophole. >> and an ad campaign using an image of a naked family....
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Jan 22, 2013
01/13
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CNBC
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, or you face the risk of a government shut down. on april 15th, that's the date by which the house would force congress to pass a budget or see their pay cut. the risk there, of course, is members of congress might have to go quite some time without a paycheck. tyler? >> thank you very much, eamonn. >>> the gop originally wanted to tie the debt limit raise to spending cuts. so are republicans backing down as some in their own party say or is it just a shift in tactics? scott garrett is back with us, a republican from new jersey and vice chair of the house budget committee. welcome back. great to see you again. >> good to be back with you. >> happy new year. >> there are some people including senator rand paul of kentucky who say that at your conference last week in williamsburg you retreated on the debt ceiling issue. is that a fair characterization? if so, was it a change of heart or a change of tactics? >> i didn't hear rand's comment as far as that is concerned. i think what the gop house conference is concerned about is how do w
, or you face the risk of a government shut down. on april 15th, that's the date by which the house would force congress to pass a budget or see their pay cut. the risk there, of course, is members of congress might have to go quite some time without a paycheck. tyler? >> thank you very much, eamonn. >>> the gop originally wanted to tie the debt limit raise to spending cuts. so are republicans backing down as some in their own party say or is it just a shift in tactics? scott...